#4C 150 UNIVERSITY Avenue West, Waterloo - Business for Sale
#4C 150 UNIVERSITY Avenue West, Waterloo, Ontario, N2L3E4
Description
Exceptional opportunity to acquire a well established restaurant strategically located between Wilfrid Laurier University and the University of Waterloo, surrounded by student residence buildings and serving a vibrant student population of over 50,000 full time university students. This high-traffic location benefits from significant foot traffic, with thousands of students passing by daily. The premises span 1740 sq. ft., featuring two washrooms and seating for up to 33 guests. The sale includes all equipment and chattels, such as a walk in cooler, and all kitchen appliances. With ample parking available and the potential for immediate profitability, this presents a prime turnkey business opportunity. (id:66096)
Property Details
- MLS®
- 40768162
- Property Type
- Business
- Zoning
- C-4
- Basement
- None
- Listed
- 421 days ago
Market Timing
Long Listed: 421 days on market, against an average age of 67 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Waterloo is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N2L)
This home lists at $199,000, about 2.9× the local median household income of $69,500.
Carrying it typically needs a household income of about $38,872 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $69,500
- Population
- 37,953
- Median age
- 29.8
- Owner / renter
- 37% / 63%
- Avg. household size
- 2.2
Source: Statistics Canada, 2021 Census (FSA N2L)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$199,000
Waterloo